The Greek Deal.com
BUSINESS
BANK OF CYPRUS
Recorded profits after tax of €349 million
The economic growth of the Bank of Cyprus group remained robust in the nine-month period, with the bank recording profits after tax amounting to €349 million, compared to losses of €19 million in the corresponding period of 2022.
EUROBANK
21 Years Ahead for Education – Award Ceremony in Thessaloniki
Eurobank honored 182 distinguished graduates from high schools in the Regional Units of Thessaloniki, Chalkidiki, Serres, Drama, Kavala, Xanthi, Evros, and Rhodope, in Thessaloniki, as part of the Corporate Social Responsibility Program Ahead for Education
Thessaloniki Port Authority S.A.
Relaunching of the tender for the expansion of Pier 6
The decision was made due to new requirements arising from the legislative changes in the licensing process, aiming to achieve the optimal conditions for the company, as emphasized in the relevant announcement to the Stock Exchange.
ENERGY
Investments exceeding €190 billion by 2030
Investments reaching up to €192 billion are foreseen in the revised National Plan for Energy and Climate (NECP) submitted to the Commission. INVESTMENTS EXCEEDING €190 BILLION BY 2030
PPC RES
New Small Hydroelectric Power Plant, Makrochori II, in Operation
The production of clean energy through the power of water has commenced with another small Hydroelectric Power Plant project by DEI Renewable Energy Sources
NBG
HFSF: Proceeds with the disposition of a 20% stake - At a price range of €5 to 5.44 per share the price range
The Board of Directors of the Hellenic Capital Market Commission (“HCMC”) approved yesterday the intention to participate in a 20% stake in the share capital of the National Bank, which corresponds to 182,943,031 shares
Thrace Group
Strengthnes capacity with €10 million investments - Opportunities in Belgium & Europe
In order to strengthen capacity, the Thrace Plastics Group is launching a new investment program totaling €10 million in the packaging sector in Greece, which will be implemented through its subsidiary, Thrace Plastics Pack.
DELFI PARTNERS
In green buildings, data centers and logistics the future of construction
An increase of 11.1% in issued building permits, a growth of 15.6% in surface area, and a significant rise of 16.8% in construction volume characterize the construction activity in the country for the year 2023.
Optima bank
Strong performance with 9Μ 2023 net profit of €73.6 million
Optima Bank announced a strong performance with net profits for the nine months of 2023 reaching €73.6 million, compared to €26.8 million in the same period last year and €42.9 million for the entire 2022, all on a adjusted basis.
Alpha Bank
UniCredit acquires 9% for €293.5 million
UniCredit is acquiring the 9% stake held by the Greek government in Alpha Bank for 293.5 million euros, following the improved (compared to the initial) offer made by the Italian giant to the Financial Stability Fund (FSF), namely 1.39 euros per share.
AFRODITI SUPER MARKET
Expects a turnover of €22.5 million and improved profitability this year
The management of the northern Greek supermarket chain, Afroditi, expects an increased turnover, ranging from 3% to 4% compared to 2022, reaching approximately €22.5 million this year.